Tag Archives: Mortgage Bankers Association (MBA)

On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.

After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.

Despite a surge in volume, loan originator commissions dropped in the second quarter of 2021.

After a down week, mortgage application volume is on the rise, with sub-3% rates powering refi volume as more and more are taking advantage of record-low rates.

Home price data in May resulted in the highest readings in more than 30 years for S&P CoreLogic Case-Shiller recording the metric.

June home sales suffered for the third straight month, due to a rise in regulatory costs, high-priced materials, and a lack of labor.

As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.

The up again/down again world of mortgage applications continued this week, dropping after a week of upticks.

Savings will be passed on to consumers, as lenders will no longer be required to pay the GSEs a fee when they deliver refinanced mortgages.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.